Calculation of Bank Loan Requirement of Austin Residence Single Storey Terrace

Calculation

Bank Documents Requirement:
Buyer 1 Person / 2 Person name.

Property Selling Price: RM340,000, Bank Value RM330,000.
Deposit Downpayment: 10% of RM340,000 = RM34,000
Difference Amount: RM340k-RM330k = RM10k (Extra 1)

For Bank Loan Approval for 90% of RM330,000, RM297,000 for 30years or more,
Different Amount RM33k (Extra 2)

Total Different: (Extra 1 + Extra 2) = RM43k  - RM34,000(10%) = RM10,000

Basic Salary: Min requirement: RM3500~RM4000/mth
***3 month bank slip & pay slip require is must.

Note:
Commitment: Car Loan & Credit Card payment on time, No others property installment.
EPF can be apply subject to document & EPF amount.

Others Fee:
Legal Fee + Stamp Duty + Bank Loan Fee
Amount Ard RM12k-13k, subject to loan amount.

********Buyer must prepare cash on hand as (RM10k + RM43k) RM53k ++

 Hereby, I wish all of you  "Selamat Hari Raya".

Thank You

Comments

Post a Comment

Popular posts from this blog

Property for Sale & Rent in Johor Bahru (October 2018)

Property For Sale Location: Masai Lama Johor Bahru Property Type: Single Storey Factory Corner Tenure: Freehold Non-Bumi Built Up Area: 20022 sqft Land Area:19022 sqft Power Supply: 250 amp Ceiling Height:25 ft Sale: RM 3,988,000 (Neg) Location: Taman Gaya, Ulu Tiram Property Type: Double Storey Cluster Tenure: Freehold Non-Bumi Built Up Area: Land Area:35' x 90' sqft Power Supply: Ceiling Height: Others: NEW with Clean Title Sale: RM 1,370,000 (Neg) Property Type: Double Storey Cluster Tenure: Freehold Non-Bumi Built Up Area: Land Area:35' x 90' sqft Power Supply: Ceiling Height: Others: NEW with Clean Title Sale: RM 1,340,000 (Neg) Location: Molek Pine Apartment, Taman Molek, Johor Bahru Property Type: Apartment Tenure: Freehold Non-Bumi Built Up Area: 1,469 sqft Land Area: Power Supply: Ceiling Height: Others: Fully Renovated Sale: RM 750,000 (Neg) Location: Taman Desa Jaya, Johor Bahru Property Type: Double Storey Terrace
Read more

One Sentral Serviced Residences Nusajaya Johor

Image
Developer: Country View Resources Sdn Bhd Nusa Sentral One Sentral Serviced Residence Property Type; Serviced Apartment Tenure : Freehold Non Bumi Built up Area :740 sqft Furnish : Semi- Furnish 1 car park & 1 access card Rental Fee: RM1500 (Include Maintenance Fee) Neg Facilities Fee: TNB & SAJ borned by Tenant Contract min 24 months Term & Conditions: Down payment Deposit: 2 months RM 3,000 Down payment Rental: 1 month RM 1,500 Facilities Deposit: YES, RM 500  Prefer Family (Chinese) No allowed Pet,  as Tenant Agreement borned by Owner.   Type A 2 bedrooms + 2 bathrooms 3 Air-con 3 Ceiling Fan Sofa set Dinner table set 1 bed + waredrobe Built in Kitchen cabinet + gas cooker Welcome to contact:  Kelvin Yeo 012-7098632
Read more

Can HDB owners buy another private property? Yes you can!

Recently, I having discuss with my friends about this, "Can HDB owners buy another private property?" Maybe you share with us, what is your opinion? or comment. From: http://simplyjesme.blogspot.my/2015/07/can-hdb-owners-buy-another-private.html Question: Hearsay 1: You cannot buy a private property when you already have a HDB This misconception seems to stem from 2 policies enforced by the Ministry of National Development (MND) as part of the cooling measures for the HDB market. Answer: The first policy dates back to 2010 national rally when it was announced that concurrent ownership of both HDB flats and private residential properties within the Minimum Occupation Period (MOP) is disallowed. Private property owners who bought a HDB will need to dispose their private property within 6 months. But the reverse is not true. What the news doesn’t emphasize is that MOP is only applicable to HDB and that if one has fulfilled HDB's MOP (set at 5 years currently), you
Read more